Lawn-Tennis Balls Price in Kuwait - 2021
Contents:
Lawn-Tennis Balls Price in Kuwait (CIF) - 2021
In December 2021, the average lawn-tennis balls import price amounted to $3.4 per unit, shrinking by -32.1% against the previous month. Overall, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in February 2021 an increase of 145% against the previous month. The import price peaked at $16.6 per unit in June 2021; however, from July 2021 to December 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Thailand ($10.6 per unit), while the price for China ($1.5 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+0.8%), while the prices for the other major suppliers experienced a decline.
Lawn-Tennis Balls Imports in Kuwait
In 2022, after three years of growth, there was significant decline in purchases abroad of lawn-tennis ballses, when their volume decreased by -14.5% to 410K units. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 400% against the previous year. Imports peaked at 479K units in 2021, and then contracted in the following year.
In value terms, lawn-tennis balls imports reduced remarkably to $290K in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 216% against the previous year. Imports peaked at $359K in 2021, and then fell rapidly in the following year.
| Import of Lawn-Tennis Balls in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 22.0 | 76.3 | 96.4 | 79.0 | 53.1% |
| Philippines | 20.6 | 17.1 | 79.1 | 64.8 | 46.5% |
| China | 10.3 | 24.7 | 73.4 | 64.0 | 83.8% |
| United Kingdom | 0.7 | 6.9 | 0.8 | 11.4 | 153.5% |
| Others | 16.2 | 95.4 | 110 | 70.8 | 63.5% |
| Total | 69.8 | 220 | 359 | 290 | 60.8% |
Top Suppliers of Lawn-Tennis Balls to Kuwait in 2022:
- United Arab Emirates (293.6K units)
- Philippines (44.6K units)
- China (31.7K units)
- United Kingdom (16.6K units)
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